Är det lönsamt att investera hållbart?
(2023) NEKH03 20231Department of Economics
- Abstract
- Sustainability and sustainable development are concepts that often appear today in several societal perspectives. Today, companies have increasingly high demands on themselves to promote sustainable business. This has increased awareness of sustainability and something that is currently being debated is how to promote sustainable development through sustainable investments. This essay aimed to investigate these sustainable investments by examine whether there are incentives to invest sustainably, this was carried out by investigating whether sustainable funds provide a higher return than non-sustainable funds. To answer this question, financial models and performance measures were applied to data for funds that had received a... (More)
- Sustainability and sustainable development are concepts that often appear today in several societal perspectives. Today, companies have increasingly high demands on themselves to promote sustainable business. This has increased awareness of sustainability and something that is currently being debated is how to promote sustainable development through sustainable investments. This essay aimed to investigate these sustainable investments by examine whether there are incentives to invest sustainably, this was carried out by investigating whether sustainable funds provide a higher return than non-sustainable funds. To answer this question, financial models and performance measures were applied to data for funds that had received a sustainability rating from Morningstar. The economic models were conducted using time series analysis for the period between January 2018 to December 2022. The financial performance measures were calculated to be able to compare sustainable funds against non-sustainable funds. Previous studies on the subject have shown various results and the question was therefore relevant to study. The results found no support for that sustainable funds provide a higher return than non-sustainable funds, but it showed evidence that sustainable funds have a higher risk. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9123309
- author
- Hektor, Alice LU
- supervisor
- organization
- course
- NEKH03 20231
- year
- 2023
- type
- M2 - Bachelor Degree
- subject
- keywords
- Sustainable funds, non-sustainable funds, sustainable development, ESG, time-series analysis
- language
- Swedish
- id
- 9123309
- date added to LUP
- 2024-01-22 15:49:00
- date last changed
- 2024-01-22 15:49:00
@misc{9123309,
abstract = {{Sustainability and sustainable development are concepts that often appear today in several societal perspectives. Today, companies have increasingly high demands on themselves to promote sustainable business. This has increased awareness of sustainability and something that is currently being debated is how to promote sustainable development through sustainable investments. This essay aimed to investigate these sustainable investments by examine whether there are incentives to invest sustainably, this was carried out by investigating whether sustainable funds provide a higher return than non-sustainable funds. To answer this question, financial models and performance measures were applied to data for funds that had received a sustainability rating from Morningstar. The economic models were conducted using time series analysis for the period between January 2018 to December 2022. The financial performance measures were calculated to be able to compare sustainable funds against non-sustainable funds. Previous studies on the subject have shown various results and the question was therefore relevant to study. The results found no support for that sustainable funds provide a higher return than non-sustainable funds, but it showed evidence that sustainable funds have a higher risk.}},
author = {{Hektor, Alice}},
language = {{swe}},
note = {{Student Paper}},
title = {{Är det lönsamt att investera hållbart?}},
year = {{2023}},
}